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RE: A Quick Response To The John Oliver clip About Crypto

in #news7 years ago

It was amusing in parts, and raised some good points about careful investment. Raising awareness of scams like Bitconnect can only be a good thing (and the clip of the dude involved with shilling it is so cringey its hilarious!)

I still dont understand how on earth EOS has got into the position of top 10 by market cap, and Oliver rightly highlighted the weirdness of the space, when a company can raise millions (and sometimes billions) with only vaporware and a few bold claims.

Ultimately, I agree with you, that the whole space is saturated with dodgy and low value projects. Investing in these is risky, but if you do your homework, then you can find gems. I find Coincheckup and Trivial to be very useful resources for researching the validity of crypto projects.